Latest news with #AI-powered
Yahoo
2 hours ago
- Business
- Yahoo
Will Unisys' DWS Bookings be Able to Offset Discretionary Weakness?
Unisys Corporation UIS is witnessing robust bookings across its Digital Workplace Solutions (DWS) segment, thanks to the market's ongoing focus shift toward AI-driven solutions. It is actively investing in innovations that align with its clients' requirements across cost optimization, data integration and security, improved asset and employee productivity and AI 2024, the company has been building a significant pipeline for its Device Subscription Service or DSS (under the DWS segment), and now, into 2025, these prospects seem bright. DSS is a 'device-as-a-service' offering that aims to create tangible value for organizations by reducing costs and increasing the efficiency of procurement, provisioning and deployment, while ensuring employee experience enhancement, asset allocation and overall security the first quarter of 2025, Unisys witnessed scalable DSS signings, including a large new logo win with a leading global technology supplier, where it will offer quarterly procurement and services for 380,000 devices across 14 countries; and a biotech client to offer modern device management to support more than 21,000 devices across multiple geographic regions. These projects enhance the company's revenue visibility in the long term and provide an entry point for expansion into higher-margin device-managed the DWS segment is witnessing a partial setback (first-quarter 2025 revenues down 7.5% year over year) in the near term due to lingering weakness in discretionary spending, primarily due to a decline in field service volumes. Although lower levels of discretionary project work and declines in third-party volume softened the start of 2025, UIS expects these headwinds to be offset by the second half of 2025 as DSS signings are ramping up, creating value for the long term. Shares of this Pennsylvania-based technology solutions company have inched up 6.5% in the past three months, underperforming the Zacks Computers - IT Services industry, the broader Zacks Computer and Technology sector and the S&P 500 index, as evidenced by the chart below. Image Source: Zacks Investment Research Sharing the market space with Unisys, other renowned players like Wipro Limited WIT and DXC Technology Company DXC are gaining from the robust market trends for AI-powered solutions. However, they are comparatively falling behind UIS in capitalizing on the market opportunities. In the past three months, shares of Wipro have gained 5.5% while those of DXC Technology have tumbled 1.4%. UIS stock is currently trading at a discount compared with the industry peers, with a forward 12-month price-to-sales (P/S) ratio of 0.14, as evidenced by the chart below. The discounted valuation of the stock, compared with its peers, advocates for an attractive entry point for investors. That said, in the long term, the valuation could move toward a premium, given the favorable market fundamentals backing the company's revenue visibility. Image Source: Zacks Investment Research Notably, Wipro and DXC Technology are currently trading at a forward 12-month P/S ratio of 2.86 and 0.22, respectively. Unisys' earnings estimates for 2025 and 2026 have remained unchanged over the past 60 days. However, the estimated figures for 2025 and 2026 imply year-over-year growth of 28.9% and 120.7%, respectively. Image Source: Zacks Investment Research The year-over-year growth trends indicate the company's movement toward long-term growth backed by its in-house innovation efforts and strong market stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Wipro Limited (WIT) : Free Stock Analysis Report Unisys Corporation (UIS) : Free Stock Analysis Report DXC Technology Company. (DXC) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 hours ago
- Business
- Yahoo
Reddit Facing Challenges in Ad Market: Hold or Fold the Stock?
Reddit RDDT operates a community-driven social media platform with more than 100,000 active subreddits, generating over 90% of its revenue through digital advertising. RDDT reported first-quarter revenues of $392 million, marking 61% year-over-year growth. However, Reddit continues to face pressure in a highly competitive advertising space, where scale, automation and platform maturity play a significant role in attracting ad shares have declined 10.3% year to date attributed to rising competitive pressure and a challenging macroeconomic environment following U.S. President Donald Trump's decision to levy tariffs on trading partners. Higher tariffs is expected to hurt discretionary spending negatively impacting ad spending. The stock has underperformed both the broader Zacks Computer & Technology sector and the Zacks Internet Software industry, which have appreciated 7.5% and 14%, respectively, over the same period. Image Source: Zacks Investment Research Reddit operates within an increasingly competitive digital advertising environment dominated by established technology platforms. Meta Platforms META and Alphabet GOOGL control substantial portions of the global digital advertising market, possessing sophisticated advertising infrastructure and extensive advertiser relationships that Reddit cannot easily match. Meta Platforms continues to expand its advertising capabilities across Facebook, Instagram and WhatsApp through enhanced cross-platform integration. The company's Ads Manager enables businesses to manage marketing strategy across all platforms, with AI systems optimizing advertising budgets across placements. Meta Platforms plans to introduce Business AI for personalized product recommendations and advanced WhatsApp business messaging dominates search advertising while strengthening its market position through AI-powered advertising solutions. The company's AI Overview and Circle to Search features enhance user engagement, making its advertising inventory more valuable to marketers. Reddit's advertising technology remains less sophisticated than Meta Platforms and Alphabet, with limited measurement tools and targeting options, potentially affecting its ability to compete for advertiser budgets. Reddit shares are overvalued, as suggested by the Value Score of F. In terms of forward 12-month P/S, RDDT stock is trading at 12.67X compared with the Zacks Internet - Software industry's 5.71X. The stock is expensive than competitors, including Meta Platforms and of META and GOOGL are currently trading at P/S ratios of 9.1 and 6.36, respectively. Image Source: Zacks Investment Research For 2025, the Zacks Consensus Estimate for revenues is pegged at $1.85 billion, indicating year-over-year growth of 42.07%. Reddit Inc. price-consensus-chart | Reddit Inc. Quote The consensus mark for Reddit's 2025 earnings is pegged at $1.21 per share, unchanged over the past 30 days. The figure marks an improvement over 2024's loss of $3.33 per share. Reddit has continued expanding its platform to support advertiser adoption and user activity. Reddit Answers, an AI-powered search tool, reached one million weekly users in the first quarter and launched in Australia and the U.K., with plans for deeper integration into core search. Dynamic Product Ads received updates aimed at onboarding larger product catalogs and improving machine learning models. Reddit Pro usage has more than doubled, supported by integration with Google Tag Manager to streamline tracking and support campaign-level May 2025, Reddit introduced Reddit Community Intelligence, a tool that analyzes real-time discussions to generate marketing insights across categories like gaming and tech. Other updates included AI-powered feed ranking and guided contribution flows to encourage user participation. These changes are part of ongoing efforts to modify user experience and expand advertiser-facing engagement has been driving user growth for RDDT. Daily Active and Weekly Active Uniques both increased 31% year over year and reached 108.1 million and 401 million, respectively, in the reported quarter. The Zacks Consensus Estimate for Daily Active and Weekly Active Uniques is pegged at 110.15 million and 407.56 million, respectively, for the second quarter. Reddit's growing product suite, building user engagement and strong partner ecosystem offer long-term promise. The platform's AI-powered tools and expanding international reach demonstrate potential for sustainable growth in the evolving digital advertising given RDDT's premium valuations, intensifying competition and broader market uncertainties, near-term gains may be limited. The company's current trading multiples exceed industry standards while facing formidable competitors with superior resources and infrastructure. Combined with macroeconomic headwinds and the stock's recent underperformance, these factors create a cautious environment, which may limit near-term upside. Reddit currently carries a Zacks Rank #4 (Sell), suggesting that investors should avoid the stock at current can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report Reddit Inc. (RDDT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
4 hours ago
- Business
- Yahoo
Adobe Raises 2025 Earnings View: Is It on Track to Deliver Results?
Adobe's ADBE focus on infusing AI into its products is boosting prospects. The company raised its full-year earnings guidance to $20.50-$20.70 per share from $20.20-$20.50, following impressive second-quarter fiscal 2025 results. This upgraded outlook implies nearly 12% year-over-year company's optimism is driven by momentum across its Digital Media and Digital Experience segments. The continued adoption of AI-powered tools, such as Firefly, Acrobat AI Assistant, and GenStudio, is enhancing product value, driving deeper user engagement, and expanding Adobe's recurring revenue base, resulting in a 12% year-over-year increase in Annual Recurring Revenue (ARR) in the fiscal second confidence is driven by strong financial discipline. The company generated $2.19 billion in operating cash flow and reported $19.69 billion in remaining performance obligations, with 67% expected to be recognized within a year. These metrics provide a strong foundation to continue investing in innovation while supporting disciplined execution, deepening AI adoption and reliable recurring revenue base position the company well to achieve or even beat its 2025 earnings goal. Autodesk's ADSK core strength lies in its specialized 3D design tools like AutoCAD and Maya, serving the architecture, engineering and manufacturing sectors. Autodesk's robust cloud-based platforms, including BIM 360 and Fusion Lifecycle, support strong subscription growth. With rising demand for CAD and AEC solutions, Autodesk is well-positioned for sustained revenue expansion, though its premium pricing limits mass-market appeal compared to Adobe's broader, more accessible creative MSFT competitive edge over Adobe lies in its dominance across cloud infrastructure and AI-powered productivity tools. With Azure's rapid expansion and the growing adoption of Microsoft 365 Copilot, Microsoft offers deeper enterprise integration and workflow automation. While Adobe leads in creative software, Microsoft's broader ecosystem, AI leadership and diversified revenue base position it as a more comprehensive platform for enterprise digital transformation. Adobe shares have lost 18.2% year to date, while the broader Zacks Computer and Technology sector has returned 7.5% and the Computer-Software industry has risen 16.8%. Image Source: Zacks Investment Research Adobe stock is currently trading at a forward 12-month Price/Sales of 6.19X compared with the Computer and Technology sector's 6.6X. Adobe has a Value Score of C. Image Source: Zacks Investment Research The Zacks Consensus Estimate for ADBE's earnings is pegged at $20.63 per share for fiscal 2025, reflecting year-over-year growth of 12%. The consensus mark for earnings estimates for fiscal 2025 has been revised upward by 1.3% over the past 30 days. Image Source: Zacks Investment Research Adobe currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Microsoft Corporation (MSFT) : Free Stock Analysis Report Autodesk, Inc. (ADSK) : Free Stock Analysis Report Adobe Inc. (ADBE) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Time of India
5 hours ago
- Business
- Time of India
End of six-figure coding jobs? Meet Devin: Goldman's new AI engineer that works like a human, but for no salary
Meet Goldman Sachs ' newest engineer, one who doesn't need coffee breaks, paychecks, or stock options. Devin, an AI-powered software developer , is a sign of the Goldman Sachs' brave step into the future of tech work. with AI tools advancing fast, white-collar jobs may never look the same again. Goldman Sachs' AI software engineer can apparently code with the same accuracy as a person. The move aims to eliminate the need to hire a $180,000 software engineer. How will Devin impact Goldman's workforce strategy? by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 20 Most Expensive Cars In The World According to Goldman's chief information officer Marco Argenti, the tool's ability to perform end-to-end coding tasks is expected to increase worker productivity by up to three or four times the rate of earlier AI tools. 'Devin will be like our new employee who will begin doing things on behalf of our developers, so we're going to start augmenting our workforce with him," Argenti recently told CNBC. Live Events The company plans to increase worker productivity by more than four times using AI tools and possibly unleash thousands of them. Although the company's tech leader envisions a " hybrid workforce " that combines AI and humans, executives like Jim Farley, the CEO of Ford, caution about a decline in white-collar jobs, as per a report by Fortune. ALSO READ: Is this the end of salesman? Microsoft layoffs signal death of old-school sales - AI set to help tech-savvy pros Devin is an AI-powered autonomous software engineer who was recently hired by the Wall Street investment bank. Devin was developed by the AI startup Cognition. Goldman Sachs intends to hire hundreds of Devins, possibly even thousands in the future, Argenti said, to join the company's current workforce of almost 12,000 software engineers. What does a 'hybrid workforce' actually look like? Marco Argenti expressed his hope that this action will contribute to the emergence of a "hybrid workforce," where AI and humans coexist. According to Argenti, "it's really about people and AIs working side by side." "Engineers will need to be able to effectively explain issues in a comprehensible manner, translate them into prompts, and then be able to oversee the work of those agents," as per a reprot by Fortune. Are entry-level jobs really at risk from AI? With dozens of open positions worldwide, Goldman is still hiring software engineers in spite of the push to launch Devin. Some associate positions in New York start at about $115,000 per year, and some even go as high as $180,000. However, company executives have cautioned that these early career roles are the ones that AI may replace the earliest. ALSO READ: Don't board a Carnival Cruise without knowing these top game-changing rule updates Dario Amodei, the CEO of Anthropic, for instance, projected that within five years, AI would replace half of all entry-level white-collar jobs. Jim Farley, the CEO of Ford, went one step further and issued a warning: outside of those in their early careers, all white-collar jobs could vanish in the United States. What does the job market look like 5 years down the line? Within the next three to five years, Wall Street may see 200,000 fewer employees as a result of this AI-driven workforce transformation, according to Bloomberg. The best candidates for a prosperous future, particularly young talent confronting dwindling entry-level positions, will be those who embrace AI. Those who have learned to use AI tools to improve their work will advance as the shift to AI occurs in years rather than decades. Professionals who are not adept at using AI tools will lag behind, while those who are will progress. FAQs What purpose does Devin serve for Goldman Sachs? Devin, an AI engineer , is assisting with end-to-end coding tasks, increasing developer productivity by three to four times. Will Devin replace human coders at Goldman Sachs? Not entirely, but it may reduce the demand for entry-level positions. Goldman still intends to hire engineers, but it is preparing for a hybrid human-AI workforce.
Associated Press
6 hours ago
- Business
- Associated Press
Turnitin Delivers Turnitin Clarity to Bring Transparency and Responsible AI to the Writing Process, Supporting Academic Integrity in Education
As AI Reshapes How Students Learn and Write, The Next Generation of Turnitin Feedback Studio Empowers Educators with More Efficient Grading and AI Insights OAKLAND, Calif., July 15, 2025 /PRNewswire/ -- Turnitin, a leading provider of technology solutions in academic integrity, announced the general availability of Turnitin Clarity, a purpose-built writing solution designed to help foster academic integrity and guide responsible use of AI in the classroom. Turnitin Clarity serves as a bridge between educators and students, delivering transparency, efficiency, and meaningful feedback in writing assessment, especially in today's AI-powered learning environment. Building on a newly rearchitected Turnitin Feedback Studio (TFS) foundation, Turnitin delivers flexible assignment workflows, faster access to innovations, and more intuitive grading and feedback tools. With Turnitin Clarity seamlessly integrated, the solution becomes a one-stop environment where students can write, optionally using an incorporated AI assistant, revise and reflect. Educators can then engage, assess, and uphold integrity with full visibility into the writing process. 'Turnitin Clarity is our response to a defining challenge in education, how to uphold academic integrity and embrace the responsible use of AI,' said Annie Chechitelli, chief product officer, Turnitin. 'In an AI-powered world, we need more than detection, we need solutions that promote learning, invite dialogue, and equip educators and students to use AI ethically and confidently. That's why we built Turnitin Clarity.' The General Availability of Turnitin Clarity: Transparency and AI Literacy in the Writing Process Turnitin Clarity is a transparent writing solution that enables educators to support students in the writing process with the help of educator-guided AI assistance. It includes a composition space for drafting assignments and an AI Assistant * offering students feedback in the writing process. Educators are equipped with the necessary data and insights into how students constructed their writing, from creation to final submission, which aids in teaching students to write with integrity and foster more meaningful engagement between educators and students. Key features of Turnitin Clarity include: The Next Generation of Turnitin Feedback Studio: One Seamless Solution with Insights and Feedback All-In-One Place Turnitin Feedback Studio reframes the academic integrity conversation as one focused on skills development rather than academic misconduct. This, paired with Turnitin Clarity, means educators can transform instances of plagiarism and AI misuse into valuable learning experiences, enabling students to uphold academic integrity while developing their writing, researching, and critical thinking skills. New enhancements to Turnitin Feedback Studio include: Perceptions of AI in education are split between optimism and concern. New global research from Turnitin and Vanson Bourne finds 78% of surveyed students, educators, and administrators alike feel positive about the impacts that AI is having on education. Yet, despite this, 95% believe AI is being misused in some capacity. When asked about the top challenges of AI in education, survey respondents across the board identified the challenge of overcoming the uncertainty of ensuring integrity. To widely unlock the benefits of AI in education without sacrificing academic integrity, workflow transparency between students and educators is crucial.**** For more information: Turnitin Clarity is available as a paid add-on to all Turnitin Feedback Studio customers. The Next Generation of Turnitin Feedback Studio is now generally available. * The AI assistant within Turnitin Clarity has been trained and tested to support interactions in English only. ** AI writing detection is available when licensing Turnitin Originality. *** Turnitin's Paper to Digital licensed add-on to Turnitin Feedback Studio, enables instructors to grade scanned handwritten work digitally. **** Turnitin was a partner in providing compensation to conduct Vanson Bourne's research. Press Contact [email protected] About Turnitin Turnitin is a global company dedicated to ensuring the integrity of education and meaningfully improving learning outcomes. For more than 25 years, Turnitin has partnered with educational institutions to promote honesty, consistency, and fairness across all subject areas and assessment types. Turnitin products are used by educational institutions and certification and licensing programs to uphold integrity and increase learning performance, and by students and professionals to do their best, original work. Turnitin has offices in Australia, Germany, India, Japan, South Korea, Mexico, the Netherlands, Sweden, The United Arab Emirates, the United Kingdom and the United States. Over 16,000 customers in 185 countries use Turnitin services: Gradescope by Turnitin, iThenticate, Turnitin Feedback Studio, Turnitin Originality, Turnitin Similarity, ExamSoft by Turnitin, ProctorExam and Ouriginal. View original content to download multimedia: SOURCE Turnitin
